Strait of Hormuz to determine future of global economy
‘Strait of Hormuz to determine future of global economy’
TEHRAN- An economic expert, stating that the Strait of Hormuz will determine the future of the global economy, said: Given the $40 trillion debt of the US federal government and Russia's decision to sell oil in yuan, not only will America's position in global trade weaken, but it will also further cement China's role in the global economy.






